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What is intel balance in the dma investment account

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Question - At the beginning of the year, Intel acquired 40% of the common shares of DMA for $15 million. Intel intends to exert influence over DMA's product developments. For the year, DMA reported net income of $5 million, and declared and paid dividends of $1.25 million to all common shareholders. What is Intel's balance in the DMA investment account at the end of the year?

Reference no: EM133165617

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